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https://www.trustradius.com/corporate-performance-management-cpmVena SolutionsUnspecified8.824101
David Robbins, CPA profile photo
March 10, 2016

Friendly, Intelligent, and Prompt customer service

Score 10 out of 101
Vetted Review
Verified User
Review Source

Overall Satisfaction with Vena Solutions

We use Vena Solutions as our tool for quarterly global financial data collection from our regional hubs. It coordinates the orderly collection and review of data from our hundreds of subsidiaries in order to prepare consolidated reports which enable us to file our SEC reports in a timely and organized manner.
  • The ability to view the consolidated status of a large amount of data collected at a moments notice.
  • Ability to enforce a workflow, ensuring documentation of review.
  • A centralized consolidated database for all of our disaggregated and consolidated data submissions.
  • We are awaiting our implementation of Vena Solutions' latest version of its software solution which addresses our primary functionality of 'requests' and 'wants'.
  • Positive impact is felt in reducing time spent on manual distribution and collection of Excel spreadsheets, as well as manual aggregation of data. Human time and effort was reduced significantly thereby reducing human error and which ultimately results in more accurate reporting data.
I've personally not used another product or solution, but came from a manual process, so the value and power of Vena Solutions was felt immediately.
Vena Solutions is well suited for any business process that uses spreadsheets for data collection and aggregation.

Vena Solutions Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
Not Rated
Financial data consolidation
10
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
10
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Automated board and financial reporting
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
10